Amid geopolitical currents, Singapore can tap on its position as a trusted player in the Southeast Asian region, says Lawrence Wong ahead of his May 15 swearing-in as Singapore's next Prime Minister.
Amid geopolitical currents, Singapore can tap on its position as a trusted player in the Southeast Asian region, says Lawrence Wong ahead of his May 15 swearing-in as Singapore's next Prime Minister.
“And if you look at any area of society, housing, healthcare, education, transport, and you find indicators to benchmark, we probably rank quite high in each one of these.” “We are doing so at a time when the world is changing, and it is going to be a new global order, which is likely to be very messy and unpredictable, because the world is in flux,” he said.
Singapore will certainly be impacted by developments, said Mr Wong, as it is an open economy with trade three times the size of its gross domestic product. “We are admired, we are trusted. And companies do want to do business out of Singapore to service not only ASEAN but the wider Asian region.”
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